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Marital Debt Attorney New York

Divorce Lawyer Serving Poughkeepsie, NY

Debt Is Subject to Equitable Distribution

People heading into divorce are often so concerned about getting a fair deal in their property settlement that they overlook the other half of the equation: marital debt. In New York, all debt is subject to characterization as separate property or marital property. Spouses that bring debt into the marriage are likely to have the debt characterized as separate property and assigned to the indebted spouse. Any portion of the debt that can be shown to have increased during the marriage because of joint decisions made by the spouses may be subject to partitioning. In that case, the increased amount of the debt may be characterized as commingled and therefore marital property.

For more than a quarter of a century, I have been representing clients with high net worth, who have much to lose in their divorce settlement. If your debt, including business debt and your jumbo mortgage are a primary concern in your pending divorce, get experienced legal help. Speak to me at the firm of Jonathan D. Katz, Attorney at Law, for serious representation.

To learn how an understanding of the exceptions and complications of marital property characterization can benefit you, contact me. From my office in New Paltz, I serve clients throughout the Hudson Valley, the Catskill region and the New York City metro region.

I Can Help You Resolve Your Debt-Characterization Issues

Any uncertainty as to whether your debt can be characterized as separate or marital property can usually be resolved in negotiation and mediation. In the event that parties cannot come to an agreement, a judge will make the decision. I am an experienced property settlement negotiator, often able to find creative resolutions to even the most complex property and debt issues. I do everything possible to keep your property settlement out of court. In the event your case must go to trial, you will have a skilled trial lawyer fighting to protect your financial interests.

Wherever you are in central or eastern New York, call me toll free at 888-350-5967 or contact me by e-mail.

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Elizabeth

Upon interviewing Jonathan Katz, I decided to retain him because I was impressed with his approach to divorce: he advocated communication, conflict reduction, and efficiency, toward reducing the stress and monetary expense already inherent to any legal action.

When my case took unexpected turns, Jonathan was agile and effective in his response, even when the straightforward divorce turned into an international custody battle that went to federal court. Responsive at every turn, efficient, and wise in his counsel, Mr. Katz's legal services gave me real value for my investment.

Elizabeth A. Ledkovsky

Diane

Being a single mom, I had enough stress in my life. I had no idea how to go about protecting my self. My daughters were my priority. Jon walked me through the process. He turned a difficult time into a workable solution.

Diane Chiriani

John

Jon's integrity towards his clients is what makes him a standout attorney. He makes it a priority to know whats important to you. You're not just a number. He is up front with you right from the start. He will not string you along just for his financial benefit. He is only willing to settle the case if thats truly what you want. Anytime I called him I received a call back from him that day. Not someone else in the office. He is an attorney that has a passion for whats important to his clients.

John Morrissey

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